FBI Anticipates Rise in Business Email Compromise Schemes Related to the COVID-19 Pandemic
Fraudsters will take advantage of any opportunity to steal your money, personal information, or both. Right now, they are using the uncertainty surrounding the COVID-19 pandemic to further their efforts, warns the FBI.
According to the FBI, recently, there has been an increase in business email compromise (BEC) frauds, a scam that target anyone who performs legitimate funds transfers. These BEC frauds are targeting municipalities purchasing personal protective equipment or other supplies needed in the fight against COVID-19.